Vermont Association Of Realtors Inc

Organization Overview

Vermont Association Of Realtors Inc, operating under the name Vermont Realtors, is located in Montpelier, VT. The organization was established in 1971. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Vermont Realtors employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Realtors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Vermont Realtors generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $911.4k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO SERVE ITS MEMBERS BY PROVIDING RESOURCES THAT HELP THEM DELIVER REAL ESTATE SERVICES IN AN ETHICAL AND PROFESSIONAL MANNER AS WELL AS TO ADVOCATE FOR THE RIGHTS OF PROPERTY OWNERS IN VERMONT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES MEMBERS WITH ACCESS TO INDUSTRY INFORMATION, PROFESSIONAL DEVELOPMENT RESOURCES, TECHNOLOGY RESOURCES AND OTHER BENEFITS TO SUPPORT THE VERMONT REALTOR MEMBERS.


CONTINUING EDUCATION IS PROVIDED THROUGH AN EXTENSIVE SCHEDULE OF CLASSES ON REGULATORY TOPICS WHICH ASSIST MEMBERS IN MAINTAINING THEIR LICENSING REQUIREMENTS.


THE ORGANIZATION OFFERS AN ANNUAL CONFERENCE ALONG WITH OTHER MEETINGS THROUGHOUT THE YEAR TO PROVIDE PROFESSIONAL DEVELOPMENT SEMINARS AND INFORMATION ON MARKET AND INDUSTRY TRENDS FROM NATIONAL SPEAKERS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathy Sweeten
CEO
$110,415
Mike Hickey
Past President
$12,000
Barbara Trousdale
Treasurer
$0
Alison Cummings
Nar Director
$0
Sarah Peluso
President
$0
Nancy Liberatore
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,089,020
Investment income $17,354
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $56
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,106,430

Grants Awarded

Over the last fiscal year, Vermont Association Of Realtors Inc has awarded $13,050 in support to 2 organizations.

Grant RecipientAmount

REALTORS RELIEF FOUNDATION

PURPOSE: Support mission of the 501(c)(3)

$6,550

VERMONT FOODBANK

PURPOSE: Support mission of the 501(c)(3)

$6,500
View Grant Profile

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